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50 Pfennig

Issuer Stadt Alfeld an der Leine (City of Alfeld an der Leine)
Year 1921
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Currency Mark (1914-1924)
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Obverse description Green and black notgeld note with a central circular vignette of a seated bishop in full ecclesiastical vestments and mitre, rendered in a bold woodcut-like style against a green underprint. The denomination "50" appears in large letterpress numerals at upper left and upper right flanking the vignette, with ornate foliate scrollwork borders framing the entire composition. The lower margin carries the issuing authority text, date "1.7.1921", and two manuscript signatures, while side panels bear redemption and validity clauses in German script.
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Reverse description Green and brown note with a central vignette of the historic Alfeld town hall (Rathaus), a multi-storey Renaissance building with a distinctive onion-domed tower, rendered in fine line engraving. Circular cartouches at left and right each carry the numeral "50" in bold letterpress, set within the characteristic foliate scroll border repeated from the obverse. The heading "Gutschein der Stadt Alfeld a. Leine" appears across the top in Gothic lettering, and the denomination spelled out "Fünfzig Pfennig" is printed along the lower margin.
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Alfeld an der Leine is a small industrial town in Lower Saxony, best known today for the Fagus shoe-last factory — a Walter Gropius building completed in 1911 and now a UNESCO site. This Notgeld issue has nothing to do with that fame, but it does reflect the chronic small-change shortage that paralyzed German retail trade throughout 1921 as postwar inflation eroded coin hoarding incentives faster than mints could compensate.

Gebrüder Jänecke in Hannover were prolific Notgeld printers for municipalities across Lower Saxony, and the watermark security feature is slightly unusual at this denomination — most municipal 50 Pfennig issues of the period dispensed with it entirely. Fritz Roediger's designer credit is documented in the series reference.

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